Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-01-28
ON CHANGE.
Spot Cotton Unchanged, Futures from
One to Three Points Lower.
Money Market Easy.
Wheat Opened Firm, Weakened and Closed
at a Decline-Live Stock Trans
actions Brisk.
FORT WORTH MARKETs-DAILY BE

OFFICE OF THE GAZETTE,

FORT WORTH MARKETS-DAILY BE
VIEW.
OFFICE OF THE GAZETTE.
| FORT WORTH. TEX, Jan. 81. 1887. (
Trade was very good to-day. Eggs ar
down again to Is cents, but still there
good demand for same and they may tax
another jump ct any lime.
The market is glutted with poultr
of all kinds and the movement is yer
/ slow.
There is good demand for fine apple
and oranges, with very few on the mar
ket.
The receipts of cotton to-day wer,
twenty six bales.
THE STATE OF TRADE.
Special kilograms to BraGstreet's re
port moderate Improvement in the dis
tributioD of textile staples. Foodstuff:
have not been moved as rapidly, but The
demand for iron and steel continues es
heretofore TO exceed the supply. Snow
and stormy weather, west and northwest
have checked deliveries of farm produce
but trade in general is quite equal to and
in some localities is in excess of the
volume one year ago. Bank clearings al
thirty-three cities for six days ended yes
terday, as wired to Bradstreet's, aggre.
gate Sl,Ql9,Sf7,S76, as compared with
1892 s3144f62 last week and with 81 OIL
|sSf6, $50 in the third week of January,
1886. This shows an increase of S27,-
400, 900, or , 40 per cent. IS compared
with the preceding week, and of $780,
600, or I OF per cent. as compared with
the like week in 1886. Increases and
decreases at leading cities are:
Weeks New Phila- Pitts Provi-
Giearngs o fo o1 Zoo delph Ia burg den ;e
New Chi st.
Boston Orleans. oaQo Louis.
Decreases. 100000 SIS o 900 $4,000 5000 ono
Minneapolis and st. Paul clearngs are $50 600
less this week tnan last, or Is per cent.
Retail merchandise stocks at the inter-
ior are generally reported light; collec-
tions are fairly satisfactory, and funds
continue to return from the country.
The New York stick market is irregular
and unsettled, activity being confined to
Richmond Terminal, the coal stocks and
certain specialties in which manipulation
playsa leading part. Speculation in the sta
pie stocks is at stand-still. Transactions
for the week are 2, l9l ,224 shares, against
SIS. 5l9 shares the preceding week, -,
$40, 4S3 shares the corresponding week in
1886, and ], +73, 0lG shares in 1855. Bonds
have been quiet, the principle fea-
ture being the settlement between the
Lake Shore and the Nickel-Plate bond
holders. Transactions tor the week
amount to SO, 1923, 800, against 0,5l7 900
the proceeding week. Money Is easy, the
banks having gained in reserve, and the
tendency of funds is to return TO New
Y ork- Call loans are 4@5 per cent. and
time money 4t@5. Commercial paper is
scarce, though banks try to keep rates
up. Foreign exchange is very firm,
owing to scarcity of commercial bills and
inactivity of International stock transac-
tons.
Wheatlhas been only moderatively active,
and closes &c lower for No. 9
red at New York, owing TO free selling
east and west, rains in California and IN
favorable cables Flour is dull and stocks
at New York are increasing. Hog pro-
ducts have been stronger on good home
and export inquiry and speculative de-
mand. Demand for raw sugar at New
York is still restricted by scarcity of coal.
Centrifugals and granulated are Lice
lower on the week, and the market quiet
and steady. At New Orleans sugar is
ll6C higher, with light stocks and de-
receipts. Coffee is &c below
last weeks closing price. No purchases |
have been made in Brazil for Europe or
America, but those believing that some
reaction must follow the enormous ad- |
vance within year have operated On that |
basis, and speculative prices are off 10 |
points, with the market very sensitive.
Rumors that Brazil prices have declined
Ire not confirmed.
Business in dry goods at first hands is
with prices strong. Stocks |
ire not increasing and many cotton mills |
ire sold ahead. Exports are heavier and
prices higher. Cassimeres and other
heavy goods have sold at per cent. over
asst years opening, but this is not the
'ule. Wool manufactures are not secur-
ng advances. Stocks of wool are large,
'ut European advices are encouraging.
The advance in price of bar iron to = .
euts, announced in Bradstreet's last
week, has taken place, though it will not
ave effect on nearby deliveries. The
astern pig-iron market is very firm, and
est grades of No. l are scarce at S21.50
I S22 so, an advance of so cents. But |,
With No iron at S20.50@ S2l 80, it is
afe to say that 100 tons spot could not
g obtained at New York even if S25 were
fered. At the west prices continue
higher than at the east. The
t. Louis and Philadelphia imports of
nglish pig iron were purchased at prices
over than the same iron could be OBJ
aimed for now. Still il is not unlikely
nat English iron may come to New York
! the near future with continuance of
lie existing demand and conditions in
lis market.
The total number of failures in the
nlted States reported to Bradstreet's
lis week ls 1926, as compared with 39l
Ist week. 1874 in the like week of 1886,
10 in 1885, 32l in 1884 and 81 in 1883.
anads had 80 this week, against % last
eek and so last year. The total in the
nited States for three weeks of the year
1907 in 1887. 1927 in 1886, 1853 in 1885,
Is in 1884 and $40 in 1883 Canada had
against 20, "A. - and IS respectively
1886, 1885, 1884 and 1SS5.- Brad
.reet's. !